31 h. ago Cyprus Business Now: shipping, film industry, Finance Minister, banks, tourism

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides on Thursday urged Cypriot banks to remain “vigilant and adaptive” in the face of mounting global uncertainty, stressing their role as “pillars of trust and economic stability”. Speaking at the annual general meeting of the Association of Cyprus Banks (ACB), held at the Hilton Nicosia, Patsalides outlined key priorities for […]

Economics

50 h. ago Keravnos urges banks to lend more, support startups and green growth

Finance Minister Makis Keravnos on Thursday called on the Cypriot banking sector to step up lending, support innovation and startups, and embrace cultural change through digital transformation. “The challenges facing the banking sector are significant and require continuous adaptation, innovation and investment,” he said during the annual general meeting of the Association of Cyprus Banks. […]

Politics

52 h. ago Financial stability in Cyprus not to be taken for granted, warns CBC chief

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides on Thursday urged Cypriot banks to remain “vigilant and adaptive” in the face of mounting global uncertainty, stressing their role as “pillars of trust and economic stability”. Speaking at the annual general meeting of the Association of Cyprus Banks (ACB), held at the Hilton Nicosia, Patsalides outlined […]

Events

3 d. ago The Urgency of Abolishing Britain’s Colonial Bases in Cyprus

The Urgency of Abolishing Britain’s Colonial Bases in Cyprus  Pressenza - International Press Agency

Politics

4 d. ago Cyprus commits to stronger regional ties for marine protection

President of Cyprus, Nikos Christodoulides, emphasised the urgent need for international action to protect and sustainably manage the world’s oceans. He was speaking before delegates from around the globe at the United Nations Oceans Conference in Nice, where he highlighted Cyprus’s ongoing commitment to marine conservation and outlined future plans to enhance regional cooperation, expand protected areas, […]

Politics

5 d. ago NATO leader urges huge expansion of air and missile protection

NATO Secretary General Mark Rutte will use a speech in London on Monday to say the military alliance needs a 400% increase in air and missile defence, one of the priorities for a summit of members in the Hague later this month. Rutte will argue in a speech at London’s Chatham House think tank that […]

Events

5 d. ago UK’s Prince William calls for urgent action to protect oceans

Britain’s Prince William on Sunday called on world leaders and businesses to take urgent action to protect the planet’s oceans, saying it was a challenge “like none we have faced before”. Speaking ahead of the UN ocean conference, which begins in France on Monday, William said rising sea temperatures, plastic pollution and overfishing were putting […]

Politics

9 d. ago Cyprus exits EU’s macroeconomic imbalance list as Brussels urges reforms in innovation, energy, and education

Cyprus exits EU’s macroeconomic imbalance list as Brussels urges reforms in innovation, energy, and education  Kathimerini.com.cy

Economics

9 d. ago Cyprus urged to step up role in EU wildfire prevention plans

A senior European commission official on Wednesday called on Cyprus to boost its involvement in wildfire prevention programmes, warning of growing risks as the Mediterranean braces for another scorching summer. Speaking in a televised briefing, senior official at the commission’s directorate-general for European civil protection and humanitarian aid operations Zacharias Yiakoumis said Cyprus plays an […]

Events

2 w. ago Cyprus urged to update smoking laws amid surge in new tobacco products

Smoking laws are no longer keeping up with the surge of new tobacco products, the president of the Cyprus national addictions authority (AAEK), Christos Minas, warned on Friday. As the country marks World No-Tobacco Day, Minas stated that the agency is pushing for urgent changes to legislation to ensure all forms of tobacco, including non-nicotine […]

Politics

2 w. ago Mediterranean MPs urge stronger EU action for a sustainable agriculture

A joint declaration urging stronger EU action on sustainable and climate-resilient agriculture was adopted on Friday at the conference of the heads of agriculture committees from the national parliaments of Mediterranean EU member states, hosted in Nicosia. The delegates reaffirmed their commitment to coordinated action and urged the EU to prioritise the unique needs of […]

Politics

2 w. ago Diaspora entrepreneur calls for real incentives to reverse Cyprus’ brain drain

At the TechIsland Summit during the Reflect Festival, entrepreneur and cultural activist Tasoula Hadjitofi urged Cyprus’ leaders to adopt globally-competitive strategies to reverse the brain drain, stating: “patriotism doesn’t pay rent”. Speaking as part of the “Reclaiming Talent: Cyprus’ Strategic Brain Gain” panel with Deputy Minister Irene Piki and EXNESS CEO Petr Valov, Hadjitofi stressed […]

Politics

2 w. ago Call to speed up permit process for projects using building factor from listed properties

The Cyprus Property Development Association has urged authorities to accelerate the issuance of building permits in cases involving the transfer of building coefficient from listed properties, citing delays of over a year that are stalling projects and discouraging preservation efforts. During a meeting on May 23 with the Limassol District Local Government Organisation. representatives of […]

Culture

3 w. ago Vafeades urges UN to use ‘all tools available’ to protect civilians in war

Protecting civilians in times of war is a moral imperative, Minister of Transport Alexis Vafeades said, while representing Cyprus at a UN Security Council working debate on the matter. The minister called on the UN to use every available tool to take concrete action and said Cyprus understood the urgency of the issue very well from […]

Events

3 w. ago Cyprus fails to join nations urging Israel to allow full aid into Gaza

The government on Tuesday declined to comment on why Cyprus was not among a group of more than 20 donor nations urging Israel to permit the full, unimpeded flow of humanitarian aid into Gaza. In total, the foreign ministers of 22 nations jointly signed the statement, calling on the Israeli government to “allow a full […]

Politics